MediGene Announces FDA Acceptance of New Drug Application for Polyphenon(R) E* Ointment for the Treatment of Genital Warts
02 December 2005 - 2:56AM
PR Newswire (US)
MARTINSRIED and MUNICH, Germany and SAN DIEGO, Dec. 1
/PRNewswire-FirstCall/ -- The German-American biotech company
MediGene AG (Frankfurt, Germany; TecDAX) [MDGEF.PK] announces today
that the New Drug Application (NDA) for Polyphenon(R) E* Ointment
has been accepted for filing by the Food and Drug Administration
(FDA). This acceptance confirms that the application was
sufficiently complete to allow a substantive review by the FDA.
MediGene developed the Polyphenon(R) E* Ointment for the treatment
of genital warts, a benign form of skin tumors caused by infections
with various types of human papilloma viruses. The application is
based on two phase III clinical trials conducted in Europe and the
Americas enrolling more than 1,000 patients. The results of these
studies have been presented in the course of several scientific
meetings, most recently in October at the 14th Congress of the
European Academy of Dermatology and Venereology in London. MediGene
plans to submit a Marketing Authorization Application in Europe in
2006. "Pending approval, we plan to begin marketing Polyphenon(R)
E* Ointment in the US which currently represents the largest market
for the target indication. Negotiations with a potential marketing
partner are well-advanced. The acceptance of the NDA will promote
closing the marketing partnership", comments Peter Heinrich, CEO of
MediGene AG. Polyphenon(R) E* Ointment: The active substance in
Polyphenon(R) E* Ointment is a green tea extract with a defined
catechin composition. MediGene is developing this drug for the
treatment of various skin tumors. For the indication genital warts,
MediGene estimates the sales potential of this drug at more than
100 million Euros annually. Genital warts: Genital warts are one of
the most common and fastest spreading venereal diseases worldwide.
Genital warts are benign, but disfiguring and contagious skin
tumors in the genital and anal area, which are difficult to treat.
Approximately 14 million people in North America and 15 million
people in Europe are infected by human papilloma viruses (HPV type
6 or 11), which cause genital warts. This press release contains
forward-looking statements that involve risks and uncertainties.
The forward-looking statements contained herein represent the
judgment of MediGene as of the date of this release. These
forward-looking statements are no guarantees for future
performance, and the forward-looking events discussed in this press
release may not occur. MediGene disclaims any intent or obligation
to update any of these forward-looking statements. MediGene(TM) is
a trademark of MediGene AG, Polyphenon(R) E* is a trademark of
Mitsui Norin. * Temporary name while under development MediGene AG
is a publicly quoted (Frankfurt: TecDAX), German-American
biotechnology company located in Martinsried, Germany and San
Diego, USA. MediGene is the first German biotech company with a
drug on the market. The NDA for a second drug, Polyphenon(R) E
Ointment, has been submitted. In addition, MediGene has several
oncological drug candidates undergoing clinical development, and
possesses innovative platform technologies for drug development.
MediGene's core competence lies in research into and development of
novel approaches for the treatment of various cancer and tumor
diseases. DATASOURCE: MediGene AG CONTACT: Dr. Georg Donges, Public
Relations, +49-89-85-65-3317, or Dr. Michael Nettersheim, Investor
Relations, +49-89-85-65-2946, both of MediGene AG, Fax,
+49-89-85-65-2920,
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